What Do Plus And Minus Signs Mean In Sports Betting?
TheSportsGeek.com is not an online gambling operator, or a gambling site of any kind. We are simply here to provide information about sports betting for entertainment purposes. It is your responsibility to verify such matters and to know and follow your local laws. Free daily sports betting and DFS picks from a team of expert sports handicappers. Although the MLB Run Line is always set at 1.5, some betting sites allow you to bet alternative lines of 2.5 or sometimes even 3.5 runs with varied odds of course.
Live betting has become increasingly popular over the years as it has become increasingly widespread thanks to more sophisticated technology at the hands of bookmakers. All you have to do is log in to your online account during a big game and you will see constantly shifting live betting lines, most often posted during commercial breaks. Yes, bettors can generally combine point spread bets with other types of bets in a parlay – a multi-part that requires all components of the bet to hit. In fact, parlaying spread bets is very popular among many bettors. For one, the vig on spread betting will generally be among the lowest of any markets offered.
Bettors have the option to select the “over” or “under”, which is why it’s also known as over/under betting. A negative number represents the amount you have to bet to win $100. A positive number represents how much you will win on a $100 bet. In the graphic above, then, you have to bet $550 on Cleveland to win $100, while a $100 bet on Boston will net you a $375 profit.
So if you have $1,000 to spend on sports betting for a year, you should be betting $30 per game. Point spreads have an even tax on both sides because we expect each team to cover the point spread about 50% of the time. Let’s use Ohio State at Penn State in college football as an example of how point spreads work.
A famous example of this is betting on the time of the national anthem at the Super Bowl. A time will be listed, say two minutes and two seconds, for the length of the anthem. If the singer finishes it in one minute, 59 seconds, then the under would win. Some prop bets such as the anthem that clearly doesn’t have a winner or loser are not allowed by some states gambling regulations. This is especially true in soccer, where 3-2 is considered a high-scoring game. As a result, a very common total for soccer is 2.5 goals, and the odds are rarely equal for both the over and under.
By setting a money line spread, it ensures the provider sees a small amount of money come back to them over time. Take a look at our betting site basics guide for more information regarding this term, or check out our complete glossary of sports betting terms. Take the Golden State Warriors, for instance, who have run roughshod over the NBA the past few years. It’s been common for them to be favorites on any given night. In such cases, your options are either to stake a lot of money to win very little, or hope for an upset that is far less likely to happen than the odds suggest.
Thus, even on the road, the 49ers rate as -7.5 favorites at DK Sportsbook. In other words, they’re expected to win by more than a touchdown. Lines of at least a touchdown are relatively uncommon in the closely contested NFL – this is the only such NFL Week 1 line at the time of writing. If the game lands exactly on the spread – for example, if KC had won the Super Bowl by 3 – then spread bets will “push.” A push means the book returns everyone’s stake. While the Buccaneers didn’t need the 3 points the betting market gave them in the Super Bowl, the spread does play a role in the betting outcome of the game pretty regularly.
In instances where the spread settles on a whole number and you’d like to avoid a push, you have the option of purchasing a half-point. (By “purchasing,” we mean you will get a lower potential payout, for example, going from -105 to -120.) You can then use that half-point to “move the spread” in your favor. So, if you liked a +3 underdog, you could adjust the spread to +3.5; and if you liked the favorite, you could move it from -3 to -2.5. Fractional odds are used more commonly in parts of Europe and in horse racing.